bay ridge retail space for lease

Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Commercial Affiliates. Each Office is Independently Owned and Operated.

Coldwell Banker Reliable Commercial Division

Richard DiPietro Licensed R.E. Salesperson Office: 718-921-3100 x107 Mobile: 347-693-2995 Email: [email protected]

Prepared by:

7428 Fifth Avenue, Brooklyn, NY 11209 Phone: (718)921-3100 Web: www.cbrcd.com

Bay Ridge Retail Space For Lease 7211 5th Ave, Brooklyn, NY 11209

Matthew DiPietro Licensed R.E. Salesperson Office: 718-921-3100 x165 Mobile: 347-885-9030 Email: [email protected]

Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com

Table of Contents

Executive Summary____________________________________3

Property Details_______________________________________4

Maps & Aerials________________________________________5

Retail Map____________________________________________6

Traffic Count Report ___________________________________7

Demographic Market Comparison Report_______________8—9

Demographic Summary Report_________________________10

Daytime Employment Report___________________________11

Consumer Spending Report_________________________12 —13

Contact Information___________________________________ 14

Confidentiality Statement______________________________ 15


Executive Summary

Executive Summary

The Property

7211 5th Avenue Brooklyn, NY 11209

Property Specifications Property Type:

Walk-up Apartment - Over Six Families with Stores (C7)

Building Size: 7,084 SF / 23ft x 77ft

Lot Size: 2,778 SF / 24ft x 115.75ft

Space Size: 1,150 SF / 23ft x 50ft

Stories: 4 + basement

Zoning: C1-3 / R6B / BR

Residential Units 7

Commercial Units 1

For Lease Price Lease Price: $4,700 monthly / $56,400 annually

Per SF PY Price: $49

The Offering:

Coldwell Banker Reliable Commercial

Division is pleased to offer 1,150 SF of

retail space for lease at 7211 5th Ave.

A mixed use building located in the Bay

Ridge section of Brooklyn NY. For

additional information, please contact

the exclusive broker Coldwell Banker

Reliable Commercial Division.

Investment Highlights:

Approximately 1,150 SF + 1,771 SF basement

23 Ft . Of frontage on 5th Avenue

$49 per SF per year / $4,700 monthly / $56,400 annually

.

Location Highlights:

5th Avenue is a major retail corridor consisting of local, national and global tenants.

Situated in the middle of the high

density retail strip from Bay Ridge Avenue to 86th Street.

Walking distance to the B63 Bus and

the R Train.


Property Overview

Property Address

7211 5th Avenue Brooklyn, NY 11209

Property Details

Coldwell Banker Reliable Commercial Division is pleased to

offer 1,150 SF of retail space for lease at 7211 5th Ave. A

mixed use building located in the Bay Ridge section of

Brooklyn NY. For additional information, please contact the

exclusive broker Coldwell Banker Reliable Commercial

Division.

For Lease Price

$4,700 monthly / $56,400 annually / $49 per SF per year

Property Specifications

Property Type: Mixed Use

Building Class: Walk-up Apartment - Over Six Families with Stores (C7)

Building Size: 7,084 SF

Buildings on Lot 1

Stories 4

Zoning C1-3 / R6B / BR

Units 7 Residential / 1 Commercial

Location Information

Cross Street: 72nd Street

Metro Market: Brooklyn

Submarket: Bay Ridge

County: Kings

Tenancy Information

Tenancy: Occupied (Month to Month)

Property Details


Maps & Aerials

Property Overview


Retail Map


Market Overview

Traffic Count Report


Demographic Market Comparison Report

Market Overview


Market Overview

Demographic Market Comparison Report (Continued)


Demographic Summary Report

Market Overview


Market Overview

Daytime Employment Report


Market Overview

Consumer Spending Report


Market Overview

Consumer Spending Report (Continued)


Contact Information

Contact Info For more information, please contact: Richard DiPietro, Licensed R.E. Salesperson 7428 5th Ave. Brooklyn, NY, 11209 Phone: 718-921-3100 x107 Fax: 718-921-3110 Mobile: 347-693-2995 Email: [email protected] Coldwell Banker Reliable Commercial Division 7428 5th Ave Brooklyn, NY , 11209 Phone: 718-921-3100 Fax: 718-921-3110 Website: cbrcd.com


Confidentiality Statement

Confidentiality Statement This offering has been prepared solely for informational purposes. It is designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, it has not been independently verified by the Coldwell Banker Commercial affiliate or by the Seller. The projections and pro forma budget contained herein represent best estimates on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that actual results will conform to such projections. This document is provided subject to errors, omissions and changes in the information and is subject to modification or withdrawal. The contents herein are confidential and are not to be reproduced without the express written consent. Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/or after contracting to purchase, as appropriate, buyer will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of the buyer’s choosing. The Seller reserves the right to withdraw the Property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated in a formal written contract of purchase and sale to be prepared by the Seller and executed by both parties; and (iii) approved by Seller and such other parties who may have an interest in the Property. Neither the prospective buyer nor Seller shall be bound until execution of the contract of purchase and sale, which contract shall supersede prior discussions and writings and shall constitute the sole agreement of the parties. Prospective buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.

bay ridge retail space for lease

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